Leathergoods growth of 22% for LVMH
09/10/2019
Growth for the group’s fashion and leathergoods division was even higher. This part of the business achieved revenues for the nine-month period of €15.9 billion, up by 22% on the figure for the first nine months of 2018.
Flagship brand Louis Vuitton enjoyed what the group called “a remarkable performance in all its businesses and in all regions”, while Christian Dior also made “remarkable progress” and Loro Piana, Loewe and Rimowa all enjoyed “good progress”.
LVMH said on releasing the figures that it would continue to be vigilant because of “an uncertain geopolitical context”.